Confessions of a Recovering Landlord

Accommodating clients as they renew or relocate is today's podcast topic. Several inventive solutions have been used recently in our brokerage for solving clients dilemmas with regard to renewing in place or relocating!

Long term costs Customization Equity Appreciation Interest rates Flexibility Accounting treatment

Who represents whom? Always get your disclosure notice Written rep agreement Work with an exclusive agent Let your advisor speak for you

Several recent topics in the news discussed: Smaller leases shape office demand in the DFW area Commercial property debt due to mature in 2024 totals $929B, up 40% from earlier estimates Hopes of lower interest rates fade as inflation comes in higher than expected As Ozempic slims waistlines, it's beefy up on CRE Downtown Dallas office tower sells for $8M at auction

Decline in office occupancy Financial strain on real estate Building obsolescence and value decline Impact on real estate companies and banks Shift in real estate investment and development Long-term implications for cities Potential for transformation

Lower interest rates CRE loan expirations still plague industry Continued distress for office WeWork rejects more leases Conversions no panacea to office distress Insurance costs ballooning NAR under fire

How is the game, Jenga like commercial buildings? Landlords want stability while tenants want flexibility - what to do? Tenants should negotiate for all their rights prior to signing the lease such as early termination, expansion rights, right of first refusal, renewal options, etc. Landlords face risks such as financial, economic, tenant failure, sublease competition, etc.

Chapter 7, entitled "Ruled by the Ruler" of our book, Confessions of a Recovering Landlord, is all about measurement of commercial spaces. Feel free to email me at Jan@TexasTenantRep.com and I'll email this chapter of the book to you for free.

What really happens when a bunch of brokers gets together for a couple of days away from the office?? Learn how Bob navigated the treacherous waters of the most recent SIOR convention in Chicago!

What's with the new wave of sub-subleasing going on?

What are critical dates in a commercial lease. How can they trip up a tenant? Who is responsible for tracking them? Enquiring minds want to know!

What everyone wants to know but is afraid to ask. Listen while Bob and Jan clear up any misconceptions!

Should you be underwriting your landlord as closely as they do you? Stay tuned for all the scoop!

Wait, don't turn that dial, today while we do cover some basic terms, we've got lots of examples of how it all can go so wrong.....

Over time tenants demand different features or amenities in buildings For example, office buildings didn't need the internet in 1980, but they must have fitness centers, conference centers and pickleball courts in 2023 Covid brought heightened awareness of cleaning and air filtering Industrial - dock high or not, clear height, number of docks, outdoor storage, etc Big demand for industrial?? More electricity. Shift towards decarbonization in commercial operations Federal and state incentives and regulations driving electric vehicle production Reconfiguring parking areas and planning for increased power capacity CA regulation of not just trucks, but also warehouses as an end-run on trucks Impact of Inflation Reduction Act of 2022 Difficulties in acquiring additional power from public utilities Implementing solar power on industrial rooftops Focus on emissions and tenant demands

Best Single Investment? Listen to Bob and Jan discuss all things regarding the current state of the office sector - nation wide and here at home (DFW)! Buying distressed properties Bank loans CBD areas Office pricing Subleases Vacancies Downsizing

Today Bob and Jan discuss the pitfalls of not being aware of the clauses in your lease - especially operating expenses, maintenance and insurance. Listen and protect yourself!

Confessions of a Recovering Landlord has now been around for 100 episodes! Breaking our hands patting ourselves on the back... To celebrate this milestone we talk about collabs today. Brand new collaborations we are making with a good number of business but the primary one we discuss today is residential real estate agencies. From commission checks to continuing education listen and find out how it's all going down.

Challenges for property owners Lending guidelines Mortgages expire Higher interest rates Decreasing property values Refinance, foreclose DFW metroplex CMBS Asset type Market/submarket Loan seasoning Industrial Office Vulture funds

How do the failures of banks like Silicon Valley Bank and Signature Bank affect the commercial real estate market, and what impact could this have on tenants and their representatives? Listen as Jan & Bob interview Ben Parkey, Executive Vice President/Market President at Texas Security Bank. Ben helps to answer many questions we all have on our minds after the recent banking debacles of the last couple of weeks.